Dundee Corporation (TSX:DC.A)(TSX:DC.PR.B) announced today that its board of
directors has approved the payment of a quarterly cash dividend of $0.42188 per
cumulative 5-year rate reset first preference share, series 2 payable on
December 31, 2012 to shareholders of record on December 17, 2012. 


The dividend is designated as an eligible dividend for the purposes of section
89 of the Income Tax Act (Canada).  


FOR FURTHER INFORMATION PLEASE CONTACT: 
Dundee Corporation
Lucie Presot
Vice President and Chief Financial Officer
(416) 365-5157
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